Northdown Road, Margate, Kent, CT9

For sale by Modern Method of Auction; Starting Bid Price £135,000 plus Reservation Fee.

Presenting a rare opportunity to acquire a commercial property with remarkable shop frontage in a highly sought-after corner location boasting high footfall, an abundance of natural light and original period features.
This offering is a lucrative investment with immense potential for a growing business. Spanning an expansive 87.2 square metres of prime retail area, this property is strategically positioned to capture maximum visibility and ensure optimal exposure for any business venture.

The standout feature of this property is undoubtedly its spectacular shop frontage, stained glass windows and original tiled floor.
It is ideal for showcasing products and attracting passers-by. The corner location further enhances the property's desirability, providing dual aspects for increased visibility. With a proven track record of drawing in high footfall, this property presents a compelling opportunity to capitalise on the constant flow of potential customers.

For the astute investor or ambitious entrepreneur seeking a prime location with excellent growth prospects, this property ticks all the boxes for a successful business venture. Don't miss out on the chance to secure this exceptional property and take your business to new heights.

Rateable Value: £4,550

Auctioneer Comments

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £7,080 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.